“Digital is fundamental to our Business and to the future of the entire financial service industry” - Dennis Hudson, Seacoast Bank.
As the quote suggests, banks and other financial companies are tying up with FinTech companies to integrate digital banking systems. Everything is becoming paperless now, with the development of technologies at an exponential rate. The digitization of banks becomes vulnerable to cyber attacks, putting clients data and security at risk. Therefore requiring a stronger and more flexible cyber security provided by FinTech companies.
The demand of fintech companies is increasing with the evolution of technology. In the present time almost all the banks have incorporated online banking and other services provided by FinTech solutions, resulting a higher burden on solution providers. The companies are expected to stay up to date with the evolution of the technologies and incorporate them in their provided models. They are also required to provide the highest form cyber security to their clients (banks) to protect confidential information. But how will one choose a suitable solution provider which caters to all their requirements? For such user, our comprehensive list of banking solutions and their service providers and client reviews will help you analyze and choose the suitable solution.
To help the user seeking a fintech solution pilot through the list of Digital Banking solution and service providers, our panel comprising CEOs, CIOs, VCs, industry analysts and the editorial board of Banking CIO Outlook has narrowed down the top 10 companies in this field who demonstrate their capabilities with their shrewd innovations . We present to you Financial Tech Review’s “Top 10 Digital Banking Solution Providers in Europe – 2021.”